19(a) Notices

EX-99.13(C) 4 d690452dex9913c.htm 19(A) NOTICES 19(a) Notices

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SECTION 19(a) NOTICE

Hartford, CT, December 20, 2018 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on December 13, 2018 (ex-date December 12, 2018).

The following table sets forth the estimated amounts of the most current distribution and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.


Distribution Estimates	November 2018 (MTD)				Year-to-date (YTD) ⁽¹⁾
(Sources)	Per Share Amount		Percentage of Current Distribution		Per Share Amount		Percentage of Current Distribution
Net Investment Income		$0.027		23.9%		$0.339		27.2%
Net Realized Foreign Currency Gains		-		0.0%		-		0.0%
Net Realized Short-Term Capital Gains		-		0.0%		-		0.0%
Net Realized Long-Term Capital Gains		-		0.0%		-		0.0%
Return of Capital (or other Capital Source)		0.086		76.1%		0.904		72.8%
Total Distribution		$0.113		100.0%		$1.243		100.0%

(1)

YTD January 10, 2018 to November 30, 2018. (The distribution paid on January 9, 2018 was reportable for tax on Form 1099 in 2017. The Fund changed its fiscal year-end to November 30 in 2018.)


November 30, 2018
Average Annual Total Return on NAV for the 5-year period ⁽²⁾			3.23%
Current Fiscal YTD Annualized Distribution Rate ⁽³⁾			11.79%
YTD Cumulative Total Return on NAV ⁽⁴⁾			-9.67%
YTD Cumulative Distribution Rate ⁽⁵⁾			11.79%

(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. The rate represents an 11 month period due to the Fund’s year-end change in 2018.

(4)

YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions.

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end.

Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance

from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be confused with “yield” or “income.”

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For more information on Virtus Global Dividend & Income Fund Inc., contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com.

Cusip: 92835W107

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SECTION 19(a) NOTICE

Hartford, CT, January 9, 2019 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on December 31, 2018 (ex-date January 4, 2019).


Distribution Estimates	December 2018 (MTD)				Year-to-date (YTD) ⁽¹⁾
(Sources)	Per Share Amount		Percentage of Current Distribution		Per Share Amount		Percentage of Current Distribution
Net Investment Income		$0.014		12.5%		$0.014		12.5%
Net Realized Foreign Currency Gains		-		0.0%		-		0.0%
Net Realized Short-Term Capital Gains		-		0.0%		-		0.0%
Net Realized Long-Term Capital Gains		-		0.0%		-		0.0%
Return of Capital (or other Capital Source)		0.099		87.5%		0.099		87.5%
Total Distribution		$0.113		100.0%		$0.113		100.0%

(1)

YTD December 1, 2018 to November 30, 2019.


December 31, 2018
Average Annual Total Return on NAV for the 5-year period ⁽²⁾			1.39%
Current Fiscal YTD Annualized Distribution Rate ⁽³⁾			14.02%
YTD Cumulative Total Return on NAV ⁽⁴⁾			-7.05%
YTD Cumulative Distribution Rate ⁽⁵⁾			1.17%

(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end.

(4)

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end.

Cusip: 92835W107

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SECTION 19(a) NOTICE

Hartford, CT, February 19, 2019 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on February 11, 2019 (ex-date February 8, 2019).


Distribution Estimates	January 2019 (MTD)				Year-to-date (YTD) ⁽¹⁾
(Sources)	Per Share Amount		Percentage of Current Distribution		Per Share Amount		Percentage of Current Distribution
Net Investment Income		$0.012		10.8%		$0.026		11.7%
Net Realized Foreign Currency Gains		-		0.0%		-		0.0%
Net Realized Short-Term Capital Gains		-		0.0%		-		0.0%
Net Realized Long-Term Capital Gains		-		0.0%		-		0.0%
Return of Capital (or other Capital Source)		0.101		89.2%		0.200		88.3%
Total Distribution		$0.113		100.0%		$0.226		100.0%

(1)

YTD December 1, 2018 to November 30, 2019.


January 31, 2019
Average Annual Total Return on NAV for the 5-year period ⁽²⁾			3.00%
Current Fiscal YTD Annualized Distribution Rate ⁽³⁾			13.40%
YTD Cumulative Total Return on NAV ⁽⁴⁾			-1.55%
YTD Cumulative Distribution Rate ⁽⁵⁾			2.23%

(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end.

(4)

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end.

Cusip: 92835W107

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LOGO

SECTION 19(a) NOTICE

Hartford, CT, March 18, 2019 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on March 11, 2019 (ex-date March 8, 2019).


Distribution Estimates	February 2019 (MTD)				Year-to-date (YTD) ⁽¹⁾
(Sources)	Per Share Amount		Percentage of Current Distribution		Per Share Amount		Percentage of Current Distribution
Net Investment Income		$0.015		13.5%		$0.042		12.3%
Net Realized Foreign Currency Gains		-		0.0%		-		0.0%
Net Realized Short-Term Capital Gains		-		0.0%		-		0.0%
Net Realized Long-Term Capital Gains		-		0.0%		-		0.0%
Return of Capital (or other Capital Source)		0.098		86.5%		0.297		87.7%
Total Distribution		$0.113		100.0%		$0.339		100.0%

(1)

YTD December 1, 2018 to November 30, 2019.


February 28, 2019
Average Annual Total Return on NAV for the 5-year period ⁽²⁾			2.63%
Current Fiscal YTD Annualized Distribution Rate ⁽³⁾			13.31%
YTD Cumulative Total Return on NAV ⁽⁴⁾			0.23%
YTD Cumulative Distribution Rate ⁽⁵⁾			3.33%

(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end.

(4)

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end.

Cusip: 92835W107

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LOGO

SECTION 19(a) NOTICE

Hartford, CT, April 18, 2019 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on April 11, 2019 (ex-date April 10, 2019).


Distribution Estimates	March 2019 (MTD)				Year-to-date (YTD) ⁽¹⁾
(Sources)	Per Share Amount		Percentage of Current Distribution		Per Share Amount		Percentage of Current Distribution
Net Investment Income		$0.046		41.1%		$0.088		19.5%
Net Realized Foreign Currency Gains		-		0.0%		-		0.0%
Net Realized Short-Term Capital Gains		-		0.0%		-		0.0%
Net Realized Long-Term Capital Gains		-		0.0%		-		0.0%
Return of Capital (or other Capital Source)		0.067		58.9%		0.364		80.5%
Total Distribution		$0.113		100.0%		$0.452		100.0%

(1)

YTD December 1, 2018 to November 30, 2019.


March 29, 2019
Average Annual Total Return on NAV for the 5-year period ⁽²⁾			2.98%
Current Fiscal YTD Annualized Distribution Rate ⁽³⁾			13.10%
YTD Cumulative Total Return on NAV ⁽⁴⁾			2.93%
YTD Cumulative Distribution Rate ⁽⁵⁾			4.37%

(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end.

(4)

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end.

Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the fund’s aggregate net investment

income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital. You should not draw any conclusions about the fund’s investment performance from the amount of this distribution or from the terms of the fund’s managed distribution plan.

Cusip: 92835W107

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LOGO

SECTION 19(a) NOTICE

Hartford, CT, May 20, 2019 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on May 13, 2019 (ex-date May 10, 2019).


Distribution Estimates	April 2019 (MTD)				Year-to-date (YTD) ⁽¹⁾
(Sources)	Per Share Amount		Percentage of Current Distribution		Per Share Amount		Percentage of Current Distribution
Net Investment Income		$0.047		41.8%		$0.135		24.0%
Net Realized Foreign Currency Gains		-		0.0%		-		0.0%
Net Realized Short-Term Capital Gains		-		0.0%		-		0.0%
Net Realized Long-Term Capital Gains		-		0.0%		-		0.0%
Return of Capital (or other Capital Source)		0.066		58.2%		0.430		76.0%
Total Distribution		$0.113		100.0%		$0.565		100.0%

(1)

YTD December 1, 2018 to November 30, 2019.


April 30, 2019
Average Annual Total Return on NAV for the 5-year period ⁽²⁾			3.29%
Current Fiscal YTD Annualized Distribution Rate ⁽³⁾			13.01%
YTD Cumulative Total Return on NAV ⁽⁴⁾			4.75%
YTD Cumulative Distribution Rate ⁽⁵⁾			5.42%

(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the Fund’s NAV at month end.

(4)

YTD Cumulative Total Return on NAV is the percentage change in the Fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions.

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the Fund’s NAV at month end.

Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund’s aggregate net investment

income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Cusip: 92835W107

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